A joint industry project to investigate mechanisms for creating a CO₂-driven enhanced oil recovery (CO₂-EOR) industry in the North Sea has welcomed Shell as a new industry partner. CO₂-EOR has the potential to bring benefits for the UK offshore industry by improving recovery from depleted oil fields
Cobalt International Energy, Inc. has announced a net loss of $57 million, or $0.14 per basic and diluted share for the first quarter of 2014, compared to a net loss of $128 million, or $0.31 per basic and diluted share, for the first quarter of 2013. Capital and operating expenditures (excluding ch
The University of A Coruña has invited tenders for the development of robotic prototype for underwater inspection services. The value of the tender is approximately $572 000. A platform fit for underwater inspection during maintenance of offshore structures is required to be developed under the tend
Statens vegvesen (The Norwegian Public Roads Administration) and Troms County invites tenders for underwater tunnel construction, sea fillings with 4 bridges and a road which will connect Grytøy, Sandsøy and Bjarkøy municipalities. The work scope for this project consists of the construction of an u
Petronet LNG, India’s largest liquefied natural gas importer, has reportedly signed a deal to buy 0.8 million tonnes of LNG from RasGas of Qatar in the fiscal year that began on April 1. The LNG will be delivered to Petronet’s Dahej terminal, Reuters reported, citing an unnamed source. Petronet alre
Tug Fairmount Expedition has towed jack-up rig Naga 3 safely from Labuan, Malaysia, to the PV Marine Shipyard in Vung Tau, Vietnam. The Fairmount Expedition was mobilized from Singapore for this 575 miles voyage. During the voyage the Fairmount Expedition only made use of two of her four main engine
The National Oceanography Centre has signed contracts to participate in a project commissioned and funded by the Energy Technologies Institute (ETI) to develop a specialised monitoring system incorporating marine robotics to ensure the integrity of carbon capture and storage sites deep below the sea
Ocean Installer has been awarded a subsea installation job in the Gulf of Mexico with one of the world’s leading international oil and gas companies on its largest deepwater producing field which sits in over 1800m water depth. This is Ocean Installer’s first SURF contract in the GoM and marks a mil
Ocean Installer has been awarded a subsea installation job in the Gulf of Mexico with one of the world’s leading international oil and gas companies on its largest deepwater producing field which sits in over 1800m water depth. This is Ocean Installer’s first SURF contract in the Gulf of Mexico and
This summer, the Norwegian Petroleum Directorate (NPD) will map the subsurface on the Mørerand High and Gjallar Ridge South in the Norwegian Sea, which is in the western part of the continental shelf. The objective is to acquire knowledge about unexplored acreage. The so-called shallow drilling will
Xeos Technologies Inc. announced new representation agreements, increasing its global presence in the Environmental Monitoring sector and continuing to provide high quality oceanographic beacons and sensor management tools. Darren Penney, Director of Business Development Manager – Environmental Moni
Origin Energy, together with Sasol, signed a conditional farm-in agreement with Falcon Oil & Gas Australia for three onshore exploration permits in the Northern Territory’s Beetaloo Basin. Upon completion of the farm-in agreement, Origin and Sasol will each hold a 35 per cent interest in the three p
Stabilis Energy has closed its acquisition of all of the U.S. based assets of Encana Natural Gas (ENGI), a unit of Encana. Denver-based ENGI is a leading distributor of LNG fuel to domestic high horsepower engine operators in the oilfield, mining, rail, marine, over the road transportation, and indu
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, announces that the Johan Sverdrup appraisal well 16/2-19 found 6 metres of good quality oil filled sandstone of lower Jurassic/upper Triassic age in the Geitungen area in the north eastern part of the Johan Sverdrup discovery
